A Dutch tech startup and a construction company on Thursday unveiled a Hyperloop test facility, a steel tube that will be used to help develop the futuristic high-speed transportation system.
It is a first step toward developing the system in the Netherlands, a key European transportation transport hub, and beyond.
"It's our goal to let it be available for the daily commuter," said Tim Houter, CEO of Hardt Global Mobility, which is working on the project with construction company BAM. He described the concept as "a sort of on-demand, high-speed transportation system for everyone."
The Hyperloop was first proposed in 2013 by SpaceX and Tesla Motors co-founder Elon Musk to transport "pods" of people through a tube at speeds of roughly 700 mph (1,126 kph). A Hyperloop has levitating pods powered by electricity and magnetism that hurtle through low-friction pipes.